Deutsche Bank AG Buys Shares of 29,202 Wyndham Hotels & Resorts $WH

Key Points

• Deutsche Bank acquired 29,202 Wyndham Hotels & Resorts shares in the second quarter, valued at approximately $2.46 million. Institutional investors collectively own 93.46% of the company.
• CEO Geoffrey A. Ballotti sold 19,414 shares for about $1.41 million under a pre-arranged Rule 10b5-1 trading plan; insiders now own 2.33% of the stock.
• Wyndham reported quarterly EPS of $1.48, beating estimates of $1.41, while revenue fell 5.5% year over year. The company declared a $0.43 quarterly dividend, and analysts maintain a “Moderate Buy” consensus with a $95.91 average price target.

Deutsche Bank AG bought a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 29,202 shares of the company's stock, valued at approximately $2,459,000.

Several other hedge funds have also made changes to their positions in WH. EverSource Wealth Advisors LLC grew its position in shares of Wyndham Hotels & Resorts by 73.5% during the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company's stock worth $25,000 after acquiring an additional 133 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at about $27,000. Geneos Wealth Management Inc. boosted its stake in Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company's stock valued at $34,000 after purchasing an additional 124 shares during the period. J.Safra Asset Management Corp bought a new position in Wyndham Hotels & Resorts in the 2nd quarter worth about $43,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $52,000. Institutional investors own 93.46% of the company's stock.

Insider Transactions at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 19,414 shares of the business's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $72.71, for a total transaction of $1,411,591.94. Following the sale, the chief executive officer directly owned 549,323 shares of the company's stock, valued at $39,941,275.33. The trade was a 3.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Trading Down 0.1%

NYSE:WH opened at $76.79 on Friday. The stock has a fifty day simple moving average of $77.74 and a 200 day simple moving average of $80.00. The firm has a market capitalization of $5.70 billion, a price-to-earnings ratio of 28.23, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. Wyndham Hotels & Resorts has a 1-year low of $69.21 and a 1-year high of $90.35. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 5.53.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.07. The company had revenue of $375.00 million during the quarter, compared to analyst estimates of $400.75 million. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The business's quarterly revenue was down 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.33 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 2.2%. The ex-dividend date is Tuesday, September 15th. Wyndham Hotels & Resorts's payout ratio is presently 63.24%.

Wall Street Analyst Weigh In

WH has been the subject of several analyst reports. Susquehanna reduced their price objective on Wyndham Hotels & Resorts from $90.00 to $80.00 and set a "neutral" rating for the company in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a research note on Friday, May 1st. Weiss Ratings reissued a "hold (c)" rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, July 8th. Morgan Stanley cut their price objective on shares of Wyndham Hotels & Resorts from $93.00 to $91.00 and set an "overweight" rating on the stock in a research note on Tuesday, August 18th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and issued a $80.00 target price on shares of Wyndham Hotels & Resorts in a research report on Thursday, July 23rd. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $95.91.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc NYSE: WH is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company's centralized services and support.

The company's brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source